Quick charity verification for Kairos Foundation Tr Of 2004 (EIN: 206214789)
Verdict: Kairos Foundation Tr Of 2004 shows mixed signals
55/100Mission Score
$138KRevenue
$314KAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits since 2019 (e.g., 2023: $23,773 revenue vs. $41,561 expenses)
Significant decline in assets (from $727,957 in 2015 to $327,822 in 2023)
Revenue has decreased substantially over the past decade (e.g., $326,374 in 2012 vs. $23,773 in 2023)
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds at the leadership level.
Minimal liabilities reported ($0 or $1 across all filings), suggesting good debt management.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How Kairos Foundation Tr Of 2004 allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Kairos Foundation Tr Of 2004
Is Kairos Foundation Tr Of 2004 a legitimate charity?
Based on AI analysis of IRS 990 filings, Kairos Foundation Tr Of 2004 (EIN: 206214789) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is Kairos Foundation Tr Of 2004 a good charity to donate to?
Kairos Foundation Tr Of 2004 has a Mission Score of 55/100. Revenue: $138K. Assets: $314K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kairos Foundation Tr Of 2004?
The Employer Identification Number (EIN) for Kairos Foundation Tr Of 2004 is 206214789. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Kairos Foundation Tr Of 2004 spend its money?
Kairos Foundation Tr Of 2004 allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kairos Foundation Tr Of 2004's tax-exempt status?
You can verify Kairos Foundation Tr Of 2004's tax-exempt status using EIN 206214789 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Kairos Foundation Tr Of 2004 exhibits a concerning trend of declining financial health over the past several years. While the organization maintains minimal liabilities, indicating good fiscal management in that area, its revenue has consistently fallen short of expenses since 2019, leading to a significant depletion of assets. For instance, in 2023, revenue was $23,773 against expenses of $41,561, and assets have decreased from $727,957 in 2015 to $327,822 in 2023. This sustained deficit spending is unsustainable and raises questions about the long-term viability of its operations.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent operational losses suggest that current spending levels are not supported by incoming revenue. The organization's transparency is commendable in its consistent filing of IRS Form 990s and the clear reporting of zero officer compensation, which indicates a volunteer-led or minimally compensated leadership structure. Despite this, the lack of detailed expense categorization in the provided data limits a comprehensive evaluation of how efficiently funds are being allocated to its mission.
Overall, while the Kairos Foundation demonstrates transparency in its filings and a commitment to avoiding executive compensation, its financial stability is precarious due to persistent operating deficits and a substantial decline in asset base. Addressing the revenue-expense imbalance is critical for its future.